Green Dot has been hit with a proposed consent order from the Federal Reserve stemming from compliance risk management issues predating the company’s current management, the fintech said Tuesday ...

The Green Dot-related order, which has not been finalized, involves activities and practices that date back to 2017, according to Green Dot CEO George W. Gresham, who became chief executive in 2020.

Green Dot Bank, which partners with Walmart to provide digital banking services, said it has received a proposed consent order from the Federal Reserve over allegedly faulty consumer protection ...

Financial technology firm Green Dot Corp. estimated a pending consent order with the Federal Reserve Board will require a payment of between $20 million to $50 million. The order relates principally ...

The consent order, which was agreed upon by Green Dot's Board of Directors and Green Dot Bank, mandates the company to enhance its policies and procedures to prevent future violations.

Green Dot Corp., a company that ... Green Dot CEO George Gresham said the company was "pleased to confirm the consent order has been finalized." "The order relates to practices in place years ago, ...

Green Dot warned investors earlier this year that an enforcement action might be coming its way. During a February earnings call, Chief Financial Officer Jess Unruh said the bank set aside $20 million ...

The Green Dot-related order, which has not been finalized, involves activities and practices that date back to 2017, according to Green Dot CEO George W. Gresham, who became chief executive in 2020.

Green Dot Corp., a company that partners with Walmart to sell prepaid debit cards at the retail giant, has been fined $44 million by the Federal Reserve for "numerous" alleged failures that harmed ...